I think the surge in share price could be due to some share placement to new powerful Bumiputra investor.

Originally Revenue has appointed MITI to allocate 45mil share to bumiptra investor, but at the end MITI only manage to allocate 12mil, still got 33mil pending.

I believe now Revenue has found the investor to take up this 33mil share, and this person or corporate could be someone very powerful (i.e. Datuk Karim from Serbak Dynamic, Syed Mohktar, or maybe some e-wallet player like Axiata Boost, TNG).

Comfort Glove is good counter, can accumulate

ZStrader, already move around the entire bursa d, really cannot find better place than Glove.

1) Steel - Already park my fund inside, now taking profit
2) Plantation - Already park my fund inside, now taking profit
3) Furniture - Already park my fund inside, now taking profit
4) Chemical - Taken profit
5) Logistic - Accumulating, plan to hold long term
6) Consumer - Accumulating egg counter
7) Vaccine - I don't think any company will benefit from this, this is pure goreng.
8) O&G - Take profit d
9) Banking - I foresee non performing loan will be high next year
10) Tourism - I don't think covid will end soon, so this sector will continue loss
11) Airline - Right issue, share consolidation will come anytime
12) Construction - I think government has not much fund for more project
13) Property - Worst is yet to come
14) Technology - Too high d
15) Plastic - Too high d

So, the only sector with growth potential, cash rich, great profit, no need to worry the right issue, private placement, impairment loss, is GLOVE SECTOR.

In my 16 years of investment in bursa, so far I have yet to see a company with growing profit & revenue, but share price will permanently going down.

Trust me, once all the bad news over, Glove stock will come back to reflect its real value.

Especially when the entire bursa 70% company start to make losses, then investor will focus back on those company that really make money.

I like Ruberrex because:-

1) Its base is small, and its new production line is 150% of its existing capacity, so this will double up the profit easily.

2) I believe Dato Ong is a smart businessman, this can be see when he dispose the treasury share at RM2.20, how a smart move and brave decision.

3) The demand for Glove will continue strong at least for another 1.5 years, this is because I know someone who is a allocator for glove trading.

4) The glove price ASP is still increasing

5) Ruberrex factory at perak, instead of CMCO area like klang, so its production not affected by covid-19 case.

Aurora13, don't worry, although RM30k is big in term of my living expenses, but it is small in term of my investment.

My living standard is very low, 1 month RM5-6k I can survive with my family member d. So the RM30k can last 5-6 month d.

But my investment portfolio fluctuation are very high, I can tolerate with 1 month gain / loss RM100k-200k. So RM30k paper losses is very small.

brianklc, don't underestimate the potential.

Bplant NTA is actually below its real value, a lot of its land are not revaluate to reflect the current price.

Just look at Kwantas, I manage to collect it below 50sen, at that time my target is to take profit at 80sen. Manatahu suddenly main shareholder want to privatise, offer RM1,65, so i make 200% profit without any effort.

So for Bplant, in case of privatisation, the offer price must be RM1.00 above then only can success.

If offer 70sen or 80sen, sure fail 1.

Can accumulate more leon Fuat, you wont regret.

FGV NTA is RM1.13, Privatisation at RM1.30.

BPLANT NTA is RM1.15, privatisation at least RM1.35.

Now is 61.50sen, minimum 100% gain is privatisation.

60sen.. too much baby.

I think 58sen is fair n square... haha!

Next level is RM1.10, then RM1.30

Leon Fuat is the best, next target will be RM0.69, then follow by RM0.78, and final stage is RM0.96

I oredi invested almost RM150k into this Ruberex, and now paper lost 20%, around RM29k++.

I plan to double up my investment into this counter. If I take profit from Steel counter n hoot into this, it will double my investment d, total will be RM300k.

If back to RM2.50, hopefully this RM300k will become RM450k.

If drop to RM0.80, this RM300k will become RM150k.

Let see how.

Merry Christmas Everybody, Hooray!

Long time not coming back here..
Feel so happy to see more n more people here.

I try so hard to share the information to everybody in this forum, but someone report me, so I can't comments for the past 12 hours.

Anyway, congratulation to those who manage to see my message.

You earn because your see the opportunity and grab the opportunity.
Please thank to yourself also.

Now already hit all my target price, so if you enter now, please responsible for your own decision.

The RM280mil stockpile has increase in market value at least 10-20% minimum, due to the surge in steel price in Q4'2020.

Gross profit margin expected to increase to 18-20% in Q4 report.

Trust me

tomorrow will reach 40sen?

onionchong, good 1, RM0.50 is coming soon

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

EPS 7.75 sen
Share Price 7.5sen

You tell me where to find this kind of stock in Bursa Malaysia

Target Price

1st Level : 10sen
2nd Level : 16sen
3rd Level : 22sen

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

cccthierry, you must not understand too much about this company.

Let me guide you step by step, so you can understand more.

O&G is a asset heavy industry, all O&G company have to invested a lots in Property, Plant & Equipment (PPE), and all these PPE are finance through term loan / bond.

And because of the asset and borrowing, most of the O&G company are facing accounting loss, because the PPE depreciation cost will be a big portion of its expenses, and the financing cost is even worst.

For M&G, initially this is a company worth 70-80sen, but due to the O&G downtrend in the past few years, its revenue can't even to afford its depreciation and financing cost, and a lot of its borrowing is due soon, so it facing a risk of dissolvency.

However, in the past 18 months, M&G are trying hard to restructure its debts, and finally they have convince the bank to convert the loan into preference share, and this preference share is convertible to ordinary share @ 10sen per share.

After the restructure, M&G short term debt has been resolved, and it has benefited from the debt restructure, as it save about RM100mil financing cost from the debt restructuring. With the new debt term, M&G has solve its cash flow problem, and its save the interest cost for future.

And for the banker, they converted the loan into preference share, so now they become the shareholder of the company. As this preference share are not transferable, so these banker must push the share price above RM0.10, then only they will convert the Preference shares into Ordinary share.

Ask yourself 2 question:-

1)Now M&G is 7.5sen, do you think you have any risk? Since the banker are holding it at the cost of 10sen per share.

2) With the O&G trend coming back, with the lower interest cost in future, do you think O&G will perform worst than the past? This company used to worth 70-80sen, now 7.5sen, don't you think minimum it will back to 20sen.

Boom Boom Boom....
470% QoQ, and 561% YoY.
Best O&G gemstock

Wrong d, I heard due to the India case, more order has switch to Malaysia, and indirectly benefited FPI.

shewdinvestor, I think your comment on the owner is not accurate.

Maybe we should put it this way, before Dato Ong come in, Rubberex is just a lousy glove company, with very thin profit or loss making. No one heard about it, and no people interested to buy it share.

The previous boss know nothing about capital market, it has no much business connection. So the business just running like half die.

But after Dato Ong take over, Dato Ong very good in financing and capital market. It give a new life to this company, he know how to push the share price, how to create public awareness, how to attract investor, how to collaborate with other business man, and he even smart until dispose all the treasury share at RM2.20...etc, this action help the company to gain at least RM10mil from the disposal.

That why Rubberex share price go up from RM0.60 to RM9.00 (based on RM3 after bonus issue).

I think your information might be outdated.. What I heard from people is MasterPack has lost a lot of business due to no more new contract from First Solar.
Please correct me if I wrong.

Seriously, this is the last call d.. If you dont buy now, you will buy at 12-13 sen

The logistic challenge is true, because the freight charges has double up.

As this type of products margin not very high, so when the freight charges increase a lot, it will affect the delivery, as the company / buyer cannot book the shipment, they tend to delay the shipment or alternate for non-primary route with lower freight charges.

If glove stock continue to drop till 31 Dec 2020, then next year biggest gainer will be glove stock... Lets see how.

Based on the predicted profit, all glove stock share price should be at least double or maybe triple from current price.

Hold tight if you got holding power.

Uncle said: "Sorry guys, I already finished my bullet, because I am against the chart, so I buy all the way from RM10 to RM6.XX. Now I need you all to continue buy to support, otherwise I may kena margin call.. Please help .... support support...."

The best is yet to come.

NTA RM1.88, most of the properties are undervalue.
Revised NTA could be RM2.88.

CNI is the most undervalue MLM counter

Last call last call, buy now or never.

last call last call... Superlon will take off soon.